🤑Treasury
Last updated
Last updated
"...we weren't interested in keeping any of the profits for ourselves. Though we started and led the Space Program, these brave Otters were doing all the difficult work. I gladly inked into law that all proceeds from sales during the voyage would go back to our community of Otters in various ways..."
Space Otter Society Otter NFTs have a 7% royalty. 50% of this royalty will fund the marketplace and 50% will fund royalty distributions.
Space Otter Society Spaceship NFTs have a 10% royalty. 100% of this royalty will fund the marketplace.
Space Otter Society Pups NFTs have a 7% royalty. 100% of this royalty will fund the marketplace.
Whenever this portion of the treasury reaches 25,000 ADA, a royalty distribution will occur on a raffle-basis using Solar Pearls. The number of winners will be between 300-500 and will be voted on by all SOS holders before the distribution.
Multiple entries are beneficial in two ways - more chances to win and the same wallet can win multiple times!
Entering these raffles will require Solar Pearls, which can be obtained by holding the following NFTs whenever a royalty distribution is triggered:
| Requirement | Benefit |
|---|---|
Holding a 1/1 NFT
Receive (10) Solar Pearls
Holding a top 300 NFT
Receive (3) Solar Pearls
SOS Council Member
Receive (2) Solar Pearls
Holding 2 / 3 TechnOtter Profession NFTs
Receive (2 / 3) Solar Pearls
Holding 5 Pups
Receive (1) Solar Pearls